Great news for EDF customers! A new tracker tariff means a £100 cut in energy bills, making it easier to save on your energy costs.
London: EDF Energy has just rolled out a new tracker tariff that lets customers save £100 on their annual energy bills. This is a big deal, especially with rising costs everywhere.
So, how does it work? The energy supplier, which serves over five million homes in the UK, has cut its standing charges by £100. This means you’ll pay less every day, no matter how much energy you use.
The Simply Tracker Extra tariff tracks the Standard Variable prices, ensuring you save £100 compared to Ofgem’s price cap. This cap recently went up, so this new deal is a breath of fresh air.
With the new one-year fixed-term tracker, you’re guaranteed to pay less than the price cap rate. It’s designed to give you consistent savings, which is pretty cool.
Standing charges are those fixed daily fees that you see on your bill, regardless of your energy use. By cutting these charges instead of the unit rates, everyone benefits equally, whether you’re a big user or just a light consumer.
EDF has figured out a way to buy energy in advance, passing those savings on to you through lower standing charges. This means everyone gets the same discount, which is fair, right?
Rich Hughes, the Director of Retail at EDF, mentioned that this new tariff guarantees savings no matter what happens with energy prices. It’s all about making sure customers can count on predictable savings.
If you’re already with EDF, you can sign up for this tracker through your MyAccount online or the EDF app. New customers can also join in online, but it’s a limited-time offer, so don’t wait too long!
